While the European
community has worked to find a path towards economic stability and
growth, the continent's financial crises have also served as a
distraction from needed climate and energy policies. On January 1, 2013,
the European Union (EU) stepped forward to lead the movement for needed
adaptation policies, including carbon pricing and renewables, by
adopting its "20-20-20" package. The new program sets European-wide
targets for 2020, includes environmental targets more ambitious than
the Kyoto Protocol, and impacts sectors falling under both the EU
emissions trading system and renewable energy.

On April 3, the EU's
Director of the European Commission's Climate Action Directorate, Artur
Runge-Metzger, will discuss the newly adopted program as part of SCEPA's
lecture series on the Economics of Climate Change. Within the EU, the
Commission leads the effort to meet its 2020 targets, is responsible for
international negotiations on climate, and implements the EU Emissions
Trading System.

This event is generously supported by the Fritz Thyssen Foundation and the Macroeconomic Policy Institute (IMK).